Southern Asia: Box Pallet Market 2020

Box Pallet Market Size in Southern Asia

The revenue of the box pallet market in Southern Asia amounted to $X in 2017, growing by X% against the previous year. The box pallet consumption continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2011, when market value increased by X% year-to-year. Over the period under review, the box pallet market attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Box Pallet Production in Southern Asia

In 2017, the amount of box pallets and load boards of wood (excluding flat pallets) produced in Southern Asia amounted to X units, lowering by -X% against the previous year. The box pallet production continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2012, when the output figure increased by -X% year-to-year. The volume of box pallet production peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Box Pallet Exports in Southern Asia

In 2017, exports of box pallets and load boards of wood (excluding flat pallets) in Southern Asia totaled X units, dropping by -X% against the previous year. The total exports indicated a mild growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the box pallet exports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the box pallet exports reached its peak figure volume of X units in 2016, and then declined slightly in the following year.

In value terms, box pallet exports totaled $X in 2017. The box pallet exports continue to indicate a measured slump. The level of exports peaked of $X in 2016, and then declined slightly in the following year.

Box Pallet Exports by Country in Southern Asia

In 2017, India (X units) were the key exporters of box pallets and load boards of wood (excluding flat pallets) in Southern Asia, achieving X% of total export.

India was also the fastest growing in terms of the box pallets and load boards of wood (excluding flat pallets) exports, with a CAGR of +X% from 2007 to 2017. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest box pallet supplier in Southern Asia.

In India, box pallet exports decreased by an average annual rate of -X% over the period from 2007-2017.

Box Pallet Export Prices by Country in Southern Asia

The box pallet export price in Southern Asia stood at $X per thousand units in 2017, dropping by -X% against the previous year. The box pallet export price continues to indicate a pronounced setback. The growth pace was the most rapid in 2013, an increase of X% y-o-y. Over the period under review, the export prices for box pallets and load boards of wood (excluding flat pallets) attained its maximum level of $X per thousand units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for India.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Box Pallet Imports in Southern Asia

In 2017, the amount of box pallets and load boards of wood (excluding flat pallets) imported in Southern Asia stood at X units, picking up by X% against the previous year. The box pallet imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2010, when imports increased by X% year-to-year. The volume of imports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, box pallet imports totaled $X in 2017. The box pallet imports continue to indicate a prominent increase. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Box Pallet Imports by Country in Southern Asia

India dominates box pallet imports structure, reaching X units, which was near X% of total imports in 2017. It was distantly followed by Sri Lanka (X units), committing X% share of total imports.

India was also the fastest growing in terms of the box pallets and load boards of wood (excluding flat pallets) imports, with a CAGR of +X% from 2007 to 2017. At the same time, Sri Lanka (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Sri Lanka and India decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported box pallets and load boards of wood (excluding flat pallets) in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in India amounted to +X%.

Box Pallet Import Prices by Country in Southern Asia

In 2017, the box pallet import price in Southern Asia amounted to $X per thousand units, coming down by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015, an increase of X% y-o-y. Over the period under review, the import prices for box pallets and load boards of wood (excluding flat pallets) attained its maximum level of $X per unit in 2016, and then declined slightly in the following year.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Sri Lanka ($X per thousand units) and India ($X per thousand units), while India ($X per thousand units) and Sri Lanka ($X per thousand units) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year).

Source: IndexBox Platform